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20121006
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this is not what a real recovery looks like. the labor department reports the economy added a seasonally adjusted 114,000 jobs last month which brought down the jobless rate to an unexpected 7.8 percent. here is a look at the unemployment rate since 28 state. the gray area on the left is the president since the recession. the rate has not been this low sin the inauguration in january of 2009. of course, this could be a potential boost to the president's campaign. no incumbent since the great depression has beenwith unemplo8 percent. the president said the economy is moving forward and suggested governor romney's policies would spark another financial disaster. >> we made too much progress to return to the policies that led to the crisis in the first place. i cannot allow that to happen and i won't allow it. >>trace: governor romney downplayed the new jobs numbers. he wrote in a statement and i quote, "this is not what a real recovery looks like. we created fewer new jobs in september than in august and fewer jobs in august than in july. we have lost over 600,000 manufacturing jobs since president
: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think that had some effect. there is no question that president obama came out of the conventions with a little bit of momentum. you talk, it is not only showing up in the public polling that we're talking about here today but talk to republican pollsters polling on senate and house races and they will talk about what they call the clinton bump. they have seen it across polling in various parts of the country that voters who are asked a question is the country on the right track, is the country on the wrong track, which most pollsters believe the single best determiner ho will win in november, there was a jump in
out enough in debt, and enough taxes we have made changes that grows this economy, and that is why i am running for the united states senate. to change the want leadership in washington. we can change that. that is why i am running for the senate. i want to pass a balanced budget. i am not your usual politician. i'm not one of the good old boys pay ed i will make this tough decisions in the united states senate. i will roll up my sleeves, work hard for you, and i will fight for you. >> now the opening statement from bob kerrey. >> thank you. i love nebraska. i always have and i always will. i was born here in lincoln. i left nebraska and went to war and came home, and i recovered from illness in the lincoln. i started a business that employed more than 700 people. i served as your governor, balancing our budget, and i left after four years and went back to business. i served as your son that -- as your senator, and again we balance our budget. i am a candidate for congress for the senate because congress needs to change, and i will fight to make that happen. i have never had and neve
this insane claim making about how one candidate or another is going to transform this economy. we heard romney the other night. he's got no transformational ideas except trickle down economics which we've seen doesn't work. we're not going to have miracles here. we need steady leadership, and whoever can provide that and be honest with the american people about steady leadership in terms of recovery and how he is going to do it as president ought to be the president. but enough of this rhetoric. >> to your point that the truth is important after these jobs numbers came out, jack welch tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so change the numbers. they are saying, rana, that these numbers were manipulated. >> that's nonsense. come on. >> if they were manipulated he would have boosted the manufacturing numbers. they were still down. these were mostly gains in health and education. i'm hopeful actually that the ticking down of the unemployment figure will make it a little easier to come to the kind of grand bargain we're going to need to come t
the economy -- >> let's get back to medicare. the president said that the government could provide the service at a lower cost and without a profit. if that's the case then it will always be the best product that people can purchase. >> just a minute, governor. >> my experience is the private sector is typically able to provide a better product at a lower cost. >> can the two of you agree that the voters have a choice, a clear choice between the two of you on medicare? >> absolutely. >> all right. so to finish quickly, briefly on the economy, what is your view about the level of federal regulation of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to
's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion worth of tax increases. $10 billion worth of spending cuts gives you a 30 billion euro reduction they think in the budget deficit. bill: well on the spending cuts, how much resistance was there? >> there is going to be a lot of resistance. in france there is really a cradle to grave security system and the state is at the very center of the economy. when the state starts cutting into to spending, cutting down on spending, there will be some resistance and it will be seen on the streets. bill: do you expect the wealth
of our economy. governor romney quickly issuing a statement saying, this is not what a real recovery looks like. meanwhile, we are awaiting, we're awaiting remarks from president obama. both presidential nominees are campaigning in the battleground state of virginia today. we are closely monitoring these events. we'll bring you the very latest developments. back to all of that in just a moment. but first, brand new stories and breaking news. jenna: new developments on a deadly meningitis outbreak putting nearly half of all states on alert with fresh concerns that more people may be at risk. we're going to have the latest on this health scare and also new questions being raised by certain medication. you're going to want to hear that. >>> also a major airline scrambling to fix a problem that could be very dangerous at 35,000 feet. american airlines canceling dozens of flights ahead of the holiday weekend. wait until you hear why. >>> also this is not a knockout for the justice system. what prompted this guy to attack his own lawyer. that's all, "happening now." jenna: a lot of great s
they both say that they have the answers to try to turn the economy around xshgs it really comes down to appealing to we think about 6% of the electorate right now who hasn't decided who they're going to vote for. of that 6% they live in nine states, including the state that i'm standing in right now. the other states that we're really focussing on as we just talked about, virginia, florida, ohio, it's also nevada, iowa, new hampshire. it's all across the spectrum of who these candidates are trying to reach out to, suzanne. >> and right where you rshgs of course, you mention in colorado nine electoral votes. critical to get them to the magic nm number needed to win. president obama seems to have the advantage in this state, and, of course, the dnc held their convention there back in 2008. how much does it matter to have the hometown advantage, to have the people who are sitting in that audience and perhaps you are ahead in the polls? does it make that much difference in a debate setting? >> well, he certainly has a little bit of a lead right now, according to the latest cnn poll of po
private enterprise to grow the economy. the other, his version of president obama's view is that government is still in control of everything. the challenge for governor romney and the debate on wednesday is going to be fully articulate his vision for america's future to the largest audience of his political career. >> we need to give the american people the choice we are offering. that is what we are offering. we owe the country a very clear choice of a different future. we can have a dynamic growing economy that produces opportunity or we can have a stagnant opportunity that fosters dependency. >> romney campaign is looking for a solid performance, no knock outs which the governor has become famous for. he has been avoiding those since he tried to make the with governor perry. >> what is the word on the foreign policy message for romney? >> the governor has an op-ed in the "wall street journal" saying of president obama, by failing to maintain our new, president obama has heightened the instability. he does not understand that an american policy that lacks resolve can p
the president's handling of the economy and what mitt romney would do were he elected president to fix the economy. so that is basically the game plan from the romney campaign, do no harm and live to fight another day. >> it is interesting to say he's not looking for a knockout punch, that's apparently what shannon o'brien who was hoping to win that gubernatorial race in massachusetts back in 2002, that's what he said she was so good at. we're talking to her later. romney has been pretty -- he's been known to get forceful, jim, when he lets his dander up, if you will. let's look at a clip here from a debate, a year ago, this is romney, rick perry, mostly romney. roll it. >> the way the rules work here is i get 60 seconds, and you get -- and you get 30 seconds to respond, right? anderson -- would you please wait? are you just going to keep talking? >> yes. >> are you going to let me finish with what i have to say. >> remember that moment? i guess my question, having seen that back and forth, remember, you know, romney kind of getting into rick perry's face, can you be that aggressive to
system? >> i think that is an important question, especially for our economy. i want to point out one thing. she posed for sequestration and now says it will not happen. can you imagine that kind of leadership? she goes for the fiscal cliff and now she says it will not happen. let's talk about education. this is the problem i see. we have a department of education in washington. they have 3500 employees that make over $100,000 a year. they are dictating to the school district how to do their jobs. i think that is a shame and it is wrong. i am not talking about closing down the department of education. i have never said that and never will. can we reduce the size of that department of education and get that money down to the school district? i believe the best education for children in nevada comes between parents, teachers, and principles. -- principals. those are who should be making the decisions. >> if i could quickly comment. my opponent mentioned my vote on sequestration. just a few questions ago, he said he voted to end medicare by turning it over to private insurance companies
: tonight is the debate and the economy will be front and center. would you expect the president to admit any of this policies did not work? >> reporter: i would expect the president would deflect attention away from his record. if if you ask where is the middle class going next year after the election, you have -- i would say that the middle class is going to get maybe even worse off because we look like we are head for a real slowdown in the economy and the word recession next year has been used frequently. >> it's being bantered about. stu varney, thank you so much. bill: joe biden was in charlotte, north carolina making that comment. 15 electoral votes. a look at how he succeed, 4.3 million votes cast in the state. president obama won by 14,000 votes. he carried a 100,000 vote margin in charlotte which is where mr. biden was. he had a narrow margin of victory, more than any other state. in charlotte unemployment is above 10%. we'll see how they do, it's tough to win against those numbers. jamie: those numbers are seen in many places,en it will be interesting to hear about what they sa
sure we get there and one of the most recent things was i created a director of the creative economy in the city to focus on tourism. somebody gets up every morning thinking about how we can connect arab manufacturing for example to design new -- as we seek to embrace an economy in the city and my a lot of folks on the council had have no idea what it meant. we really had to educate folks about what that meant and we ended up getting 11 of our counselors to vote in favor of that. in january my third week, i city solicitor who i appointed with confirmation was up for a vote from the city council and what i did on facebook was tomorrow night my solicitor candidate that i appointed will be interviewed and they will take about tomorrow night. can you please shut the meeting and speak in her favor and we got her friends there and her family there and people who didn't know her but supported me so when you pass a city council people are scared to vote against the folks who show up. it has become less about whether you agree or disagree by wanting to appease the people who are showing up. f
the military but the economy, too. according to president obama, there is such a thing as economic patriotism. >> during campaign season you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> it's become sort of a democratic man tra. in 2008, it was said the richer needs to pay more. >> no wone has more patriotism than even money needs a passport. summers on the beaches of the cayman islands and winters on the slopes of the swiss alps. >> ouch. the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism, faceb
literacy, building an economy focused around art, innovation and technology, and supporting local and community policing initiatives. as the students we are glad to have here as well, rachel stanley is a junior at elon college majoring in international studies with all sorts of minors, political science, and she has worked with refugees and her region. she is the president of halal on her campus and the millennial values fellow so we are pleased that she is back. last but not least, mohammad usman is a senior at depauw university majoring in urban policy and conflict studies with a minor in religious studies. he was a part of the national bioethics bowl, the winning team in the last year so congratulations on that. and before attending depauw was a special assistant in advocate for acts of civil legal justice at the university of new york school of law. so welcome to all of them. i would like to hear from all of you, and last night when we heard governor romney talk about states as the laboratory of democracy so while that may have been a republican democrat comment it got me thin
of terrorism. while some romney advisers argue they should keep their focus on the economy, politico says plans are in the works for mitt romney to deliver a major foreign policy speech shortly after wednesday's debate. what do you think of that? you think he should do that? >> yes. i think, as i said, right after the killing, that wasn't the time to talk about this. >> right. >> now is the time, several weeks later, to talk about it. john heilemann, the lead in "the new york times," mistake in faith and security seen at libya mission before benghazi raid. response to the june bomb raised confidence in local guards. this benghazi story is an absolute mess. i think -- i've heard stuart stevens as saying let's focus on the economy. i think stuart stevens is exactly right. americans don't care as much in the polls about foreign policy. but several weeks later after this, i think it's very legitimate now that the press is going in and a couple of weeks have passed since the ambassador's death, now, yes. i mean, he's got a responsibility to talk about how badly the white house bungled this. >> i thi
at a military acted any many pennsylvania romney hammered away at the president over the economy. >> i have to tell you that i don't know how a single person who goes to this institution could consider voting for the incumbent for president. i say that for this reason. if they want to go in the military, why, he is planning on cutting our military by about $1 trillion over the next decade. if they want to go on to either get a job directly or go on to a four-year college and come out with a gee, you know that 50% of kids coming out of college today can't find a job or a college level job. on both fronts, this president's policies have not worked for the young people of america. >> their first debate happens on wednesday. the romney team is downplaying expectations. romney advisor beth myers distributes this memo explaining why the president is probably going to do better. she says that president obama is one of the most talented political communicateors in modern history. this will be his eighth one-on-one presidential debate and romney's first. the president will use his ample rhetorical g
in coordination with this, the question of is president obama handling the economy still not great but better. anything like that, helps the incumbent. remember, president obama's not going to be able to make the case that he fixed everything in four years. he's not trying to do that. what he has to say is i've made progress and can make more. in order to make that argument you have to be able to show people you've made progress or at least have people believe you've made progress, movement in the right direction numbers suggest that he's making that case. >> and we also have our new telemundo/nbc news poll breaking within this hour and that shows a 50-point lead among hispanic voters. 71/21 likely voters. that is a huge lead. the question is, of course, whether there is enthusiasm among hispanic voters and whether they're going to come out and vote. >> right. and even bigger gap than 69/31 what president obama beat john mccain among latinos in 2008. look, this is a problem in this election for republicans, andrea, but a bigger problem in 2016, 2020 and beyond. the hispanic community is obvio
of the economy, and where the jobs are now? >> it says, quite frankly, suzanne, that you're seeing steady hiring. not robust hiring, but steady hiring, and when you look at the unemployment rate dropping to 7.8% we know that there are people who are getting part-time jobs. there are people who are starting their own companies or starting to work for themselves from home. that's what is moving those numbers. you see that the private sector added 104,000 jobs, and the government sect or added 10,000. we saw health care jobs created. more than 44,000 there. this has been a trend for a couple of years. about 16,000 jobs lost over there in the manufacturing sector, which is, of course, very, very important to some of these battleground states, suzanne. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you s
moderator jim lehrer. >> let's start with the economy, segment one, and let's begin with jobs. what are the major differences between the two of you about how you go about creating new jobs. you have two minutes each of you to start print a coin toss determines, mr. president, you go first. >> four years ago, we went through the worst financial crisis in the great depression. millions of jobs were lost. the auto industry was on the brink of collapse. the financial system had frozen up. and because of the resilience and the determination of the american people, we've begun to fight our way back over the last 30 months, we've seen 5 million jobs in the private sector created. the auto industry has come roaring back. and housing has begun to rise. but we all know that we've still got a lot of work to do. and so the question here tonight is where we've been, but where we're going. governor romney has a perspective that says if we cut taxes, skewed toward the wealthy, and roll back regulations, that we would be better off. i've got a different view. i think we've got to invest in educati
, dealing with the economy. they would go back to the talking points in the attacks. it was clear they were trying to score points. fireworks. a "game change"er if you will. i want you to see here's mitt romney in a scenario that played out in the debates, the primaries with rick perry in las vegas. >> i'm speaking. i'm speaking. >> you get 30 seconds. this is the way the rules work here. in get 60 seconds and then you get 30 donds respond. anderson -- >> you say -- you knew. >> would you please wait? are you just going keep talking? let me finish what i have to say. >> all right. there's always that opportunity really when somebody gets in the other's skin and you lose control of the debate and he yearly lost control over his cool, calm demeanor. what are some of the challenges he's going to be up against when he's faced off with obama. >> i think you're absolutely right. i mean that's a situation where it gets out of control and people start not looking very presidential. and you certainly don't want that on either side. so, my guess is you're going to see president obama playing defense
through the debates, and look once again to the economy as the determining factor in this election. >> you know, jim, we heard from kevin madden, the romney campaign adviser on getting romney ready for this debate tomorrow, here's what he said. >> just trying to get the governor familiar with the head to head one on one format has been a focus because in all the previous debates that we have had, it has been, you know, nine people on stage, trying to -- trying to capture a policy in 90 seconds. the format here is a little different, a little moreting us going back and forth, how the single moderator will be controlling the debate between two candidates. >> so we know, jim, they have been at this for a couple of weeks. mentioned the big news today, i say big being semifacetious, we know romney had chipotle lunch. he's been prepping, prepping and prepping. looking to the next 24 hours, will they really be practicing up until, you know, tomorrow night, 9:00? >> reporter: i think so, brooke. what we're told by the campaign earlier today is that mitt romney will actually do his debate walk thro
. but even though his campaign has mainly been a focus on fixing the nation's economy, mitt romney in recent days has been stepping up his attacks on the president on the issue of national security. and specifically lately on who's a better friend of israel. and there are signs the obama campaign is paying attention. at a military academy in pennsylvania, mitt romney tried to make the case for a new commander in chief. romney once again questioned the president's recent description of events in the middle east as bumps in the road. >> i sure as heck don't consider iran becoming nuclear a bump in the road. we need someone who recognizes the seriousness of what's ahead and is willing to lead. >> reporter: romney's tough talk on iran follows israeli prime minister benjamin netanyahu's drawing attention at the united nations to the nuclear worries. >> a red line should be drawn right here. >> reporter: just days after the president declined to meet with netanyahu in new york, the two leaders spoke over the phone. but then hours later romney, who enjoys a much friendlier relationship with netanya
of pennsylvania today. >> -- make sure america leads in our homes, in our economy and in our military. i need something from you. that's my commitment to you. i need you to go out and find somebody who voted for barack obama and get him to vote for me. >> he's down but not out. can he turn it around with an october surprise? let's welcome stephanie cutter. it's going reasonably well for you guys. it's been a good couple weeks, really since the conventions. you've got a bit of momentum but i guess you're not taking this too complacently. >> no, absolutely not, piers. you know, debates can be a pivotal moment in campaigns. i remember eight years ago when john kerry was getting ready to debate george bush, we were eight points down. coming out of that first debate we were tied with george bush. so there is an opportunity for mitt romney if he takes advantage of it next wednesday night, to turn the momentum around. he not only has to win this debate but has to change the dynamics in this race. we know he's going to show up prepared, disciplined and aggressive, even tim pawlenty said that he's as
. the economy was different then. today, governor romney attempted to drive home the point that proposed budget cuts will hurt the state. >> someone has calculated how many jobs will be lost in pennsylvania if the trillion dollars in cuts go through. it is 39,000 jobs. we cannot afford that. we recognize the consequence of what the president is doing is severe for the people in pennsylvania, severe for the entire nation and, in fact, because of the world's demand for american leadership, it is severe to the entire world. >>shepard: the governor could have his work cut out for him. the most recent real clear politics average of the national poll shows rebound with an eight-point advantage in that state. carl cameron is in boston. governor romney continued on the attack on foreign policy today. >>carl: he was at the university which was a strong back drop for it and had a conversation with israeli prime minister binyamin netanyahu seconds after the president. as he addressed that group, governor romney went after the president for his dismissive assertion that so much of what has happened in the
the economy. it has been a challenge a bit for them. but you point out that really a lot of this race has been thus far on style, on likability, so romney -- romney, what, needs to talk about his family, your words. let me quote you, you say yes, he's tried to do that many, many times before, but there is always hoping that this time it will work. why will it work this time? >> it might work because more people are watching. when he talked about it during the convention, the ratings were really very, very low on that. and he had to share the platform with everyone else. with christie and with rubio. this time around it is him versus the president. and this is his chance to throw out some relatable points, to say things like i'm in public service because of my father. i want to improve the country because of my family. i think if he can throw one or two pointsike that, he can turn it around. but don't expect him to start crying. his not that guy. he shouldn't pretend to be that guy. he shouldn't pretend to be ronald reagan because he's not ronald reagan. he should simply run on his credentials
for a higher open on wall street on several key elements of the economy. including jobless reports. steel case, which is celebrating its 100th anniversary is ringing the opening bell. >>> mk zuckerberg announced the site has reached 1 billion users per month, bricking down to one out of every seven people on the planet. users can promote their posts by paying seven bucks. >>> in money news, americans are being more responsible with their credit cards, according to american bankers association report. delinquencies have hit aan 11-year low. the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. and so i just want to wish, sweet
think has the better skillset to move the economy forward? i think foreign policy matters. clearly look, an op-ed and then paul ryan saying what he said with laura engram is not by accident. it's purposeful. i think they wind up coming back to the economy. >> that is the subject of the debate unless they go off topic. chris cizilla, see you later. thank you so much. >>> and foreign policy is, of course, a crushing issue for all of those with soldiers deployed and their families at home and three more americans among the dead after a suicide bomber attacked a military patrol today in khost, afghanistan. the bomber struck a group of afghan police and u.s. troops as they walked through a market. the taliban claimed responsibility. nbc's lester holt is in kabul where he's been reporting for the past week and a half as part of a special nbc news series on region and conflict. lester, you have been on the ground, what is your take away on the green on blue attacks and this suicide attack which is different, at least the taliban taking responsibility? >> well, andrea, it's really in some ways
, profound disagreement. not only about health care, taxes, spending, economy, jobs and trade, and frankly a lot of moral and cultural issues didn't get discussed last night but i'm sure will be, but it's really about two stark choices for very different futures for america. >> cornell, do you agree with that, that it was the most sutantive debate you've seen? >> if you're in a fantasy land, because here, you've got a guy who put out a $5 trillion tax plan and all of a sudden, he disavowed that. you've got a guy who put together a health care plan in massachusetts that we sort of modeled our health care plan off, but all of a sudden, that's fantasy. what you had last night was one of the most clearly blatantly dishonest performances by someone running for the presidency of the united states i think we have ever seen in modern time. >> two very different views, obviously. cornell, appreciate it. ralph, thank you very much. >> thank you. >>> coming up, body language speaks volumes in a presidential debate. i'm often skeptical about this sort of thing but we have a fascinating look at the bod
Search Results 0 to 49 of about 54 (some duplicates have been removed)